Mahindra Lifespace acquires two land parcels in Bangalore and Mumbai

Mahindra Lifespace Developers has acquired land parcels in Bangalore and Mumbai for the purpose of residential development. These two land parcels together have a development potential of approximately one million square feet.

Mahindra Lifespace Developers (MLDL) is the real estate and infrastructure development subsidiary of Mahindra & Mahindra (M&M). At present, M&M holds 51% of the equity share capital of MLDL. MLDL has two main lines of businesses - standalone real estate development and development of integrated business cities.